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7 months ago

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Breakingviews - Bankman-Fried circus will be a singular clown show

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Breakingviews - Bankman-Fried circus will be a singular clown show

All eyes are on Sam Bankman-Fried as the cryptocurrency founder's criminal trial gets underway this week. A Manhattan jury is set to assess U.S. prosecutors' allegations that he misused customer funds deposited on his exchange, FTX. The high-profile case bears similarities to past scandals such as Enron and Countrywide Financial, when regulation followed investigations. But the crypto industry's contortions will render this latest circus less impactful.

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Breakingviews - Bankman-Fried circus will be a singular clown show

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Breakingviews - Bankman-Fried circus will be a singular clown show

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